Tag: sector analysis
Biotech Takes Ill In Worst Selloff Since April
In the category of market defeat snatched from the jaws of victory, the super-heated Biotech industry is showing early signs of relapsing into the...
Why Is the Market Playing Defense At All-Time Highs?
Yesterday we examined the medium and long-term outlook of the major US equity indices, laying out the thesis that the nascent weakness in the Russell...
S&P 500 Sector Analysis: A Harmonic Deconstruction
The S&P 500 revisited and lapsed beneath December/January resistance near 1850 last Friday, briefly wobbling back into negative territory on the year before aggressively...
SPX Sector Analysis: Stocks Again at Technical Crossroads
US equities experienced a brief dip in late September-early October on feelings of benign pessimism over the country's increasingly dire political (government shutdown) and...
Bank Stocks: Facing Off Against Multi-Year Resistance
Bank stocks have seen better days.
Large US money center banks (e.g. Bank of America) and bank holding companies (e.g. Goldman Sachs) with few exceptions...
S&P 500 Sectors Review: A “No Taper” Post-Mortem
Following the Federal Open Market Committee's (FOMC) announcement on last Wednesday to delay LSAP/QE tapering in lieu of adequately encouraging economic data, the S&P...
